Description
After transiting from bipolarity to unipolarity in the closing decade of the last century, the world has drifted towards multipolarity. In an era of rapidly shifting balance of power, the US, China and the EU are significant poles, but Russia, Japan and rising powers like India are playing a crucial role in shaping the emerging world order. Power remains fractured today with hedging and multi-alignment being the new norms. The Covid-19 pandemic and the war in Ukraine have added to the fragility of global consensus.
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